Date: June 14, 2006

Sodexho announced a joint venture with retired basketball star Earvin 'Magic' Johnson that it hopes will lead to new business.

"This is really part of Sodexho's growth strategy. Our overall growth strategy is to grow our business and look at new business opportunities across all our divisions," said Tara Baten, Sodexho senior manager. She was also one of the five members of a 'core' team that negotiated with Johnson's company for severa...

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